BRVM rises 0.75%, lifted by Sonatel and utilities up 3.94%
The BRVM Composite rose 0.75% to 519.59 points on Aug. 20, while the BRVM Composite Total Return reached 208.11 points, also up 0.75%. Utilities led the market with a 3.94% gain to 293.79 points, ahead of energy at 174.87 points (+2.79%) and telecommunications at 128.72 points (+1.59%). The advance extended the move flagged by Sika Finance on Aug. 19, which said Sonatel generated CFA190 billion and pushed the market to a new high. On the corporate front, Sika Finance said SITAB posted stable first-half 2026 profit of CFA18 billion, while Financial Afrik reported ETI cut its board to 12 members and removed directors' term limits.
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BRVM (West Africa) — Sonatel Draws XOF 1.66bn in Trades While the Stock Barely Moves
Sonatel Senegal absorbed XOF 1.66 billion in turnover on October 15, 2026, far ahead of the rest of the market, even as the stock rose just 0.1%. That contrast highlights sector rotation on the BRVM, where telecoms gained 0.77% despite mixed breadth.
BRVM edges up 0.19% as Coris Bank posts 49% 2025 profit jump
The BRVM Composite rose 0.19% to 537.67 points on October 15, while the BRVM-30 added 0.22% to 260.32 and the Composite Total Return reached 216.6, despite a 2.75% drop in discretionary consumption. Coris Bank International reported a 49% rise in 2025 net profit, according to Financial Afrik and APAnews, adding momentum to a financial segment whose sector index still slipped 0.09% to 243.49 points. Sonatel won shareholder approval for a share split at the October 8 extraordinary meeting, Africtelegraph and Financial Afrik reported, as the telecommunications index climbed 0.77% to 150.72 points. Oragroup SA published results for the half-year ended June 30, 2026, according to Zonebourse, while Ecobank Guinea signed an October 10 partnership with the FGPE to ease access to farm credit, according to Guinéenews, and Ecobank announced $2.6 billion in financing opportunities for SMEs and women entrepreneurs, Matin Libre reported.
BRVM (West Africa) — SAFC Jumps 1.8% Even as Composite Slides 1.33%
SAFC Côte d’Ivoire posted the day’s top gain on the BRVM, rising 1.8% to 4,070 XOF even as the Composite fell 1.33%. Industrials held up with a 0.93% gain, contrasting with weakness in telecoms and utilities.